Dividend Growth Stocks

Money in the Trough – March Dividend Stock Purchases – 2021

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Another new month has arrived and brought some crazy volatility with it.  This month has been  very different in that we’ve had a selloff in tech… which we haven’t seen in a while.  I’d love to own more MSFT but it looks like it will be sometime before it’s reasonably valued again.

Anyway, I keep a running log of every dividend stock I purchase which can be viewed in the dividend growth stock purchases page.

So far, I’ve put a little over $7,000 to work with an average yield of 2%.  I’ve added a little over $145 of yearly forward dividend income this month!

The $KR, $SO and $PFE purchase were made via DRIP.  The $JNJ purchase was paid for mostly by this month’s dividend.

New Buys - March 2021

My dividend portfolio has been updated with these buys.

All additional purchases made this March will be posted on this page.  I aim to invest $2,500 – $4,000 every month.  However, last month I invested a little over $16,500!

Don’t forget, Saint Patrick’s Day, our favorite drinking holiday will be here soon.  Enjoy!

I'm a dividend growth investor who is aiming to retire early in 6 years at the age of 45. My goal is to live off the income my dividend portfolio and rental property produce exclusively and leave the corporate rat race. I hope you will join me in this journey!

8 Comments

  1. That’s awesome that you put $7k to work Love that SHW buy as well. I initiated a position in SHW across Feb and early March. Putting $2.5 – $4k to work each month is really going to turbocharge your portfolio.

    • Blake

      Thanks JC! Good call on SHW. I wish I would have had more cash at the time to add to the SHW buy. It’s a great grower!

  2. Have you thought of having an ask me anything blog or something. I would love to ask and learn about how you go into rental properties.

    • Blake

      Hi Jacob. I can answer that here!

      Both of our rentals were planned “accidental landlord” situations. First, our current rental happened when my wife and I were married. She moved into my place, and we updated her home as a rental. 13 years later, we almost have it paid off! Our second rental (now sold), was our old place when we purchased our stupid big house (also now sold). Rented that place for almost 10 years before we sold. In our area, I haven’t been able to find anything where the rental math makes sense. But, I’ve only been looking at retail offerings, not distressed our group buyouts. Thanks for the question, always happy to answer!

  3. Great blog you have here Blake, very informative and lots to learn.

    I like your strategy of investing in dividend growth stocks. The likes of Visa, Microsoft, Nike, Costco, Sherwin Williams, etc.

    As of late, I have been studying investing in Industrials stocks held in XLI ETF. Companies like Cintas that has grown dividends for 36 consecutive years, and has gained over 1200% over the last decade. I also like railroads such as CSX Corporation that has gained over 400% in the last decade.

    Some of the dividend growth stocks I own have very low yields, but the capital gains and dividend growth rate has kept me very in terms of performance. I expect this to continue as these companies have durable competitive advantages and a strong moat around their business (try duplicating CSX’s railroad network across North America).

    What do you think about these investment ideas? Thank you!

    • Blake

      Thanks DS!

      Yeah, dividend growth is the name of the game! I like both Cintas and CSX and I would love to own Cintas… but it’s always overvalued when I look at it. Obviously, late March 2020 would have been a great time to buy, but I missed that 🙁 If you are early-on on in your journey, then you can’t go wrong with big dividend growers. If you need income now, there are are better options for current income and growth (albeit slower).

      Thanks for dropping by!

  4. That’s quite an impressive number. I’m not even coming close to 7K per month, but who knows. Maybe one day the dividends will pay me that much? I guess it’s just a matter of time, right?

    Off course i’m biased, but I love your Unilever!

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